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26 Oct 2022
US: International trade deficit widens to $92.2 billion in September
- International trade deficit of the US widened in September.
- US Dollar Index stays deep in negative territory but holds above 110.00.
The data published by the US Census Bureau showed on Wednesday that the US international trade deficit widened by $4.9 billion to $92.2 billion in September from $87.3 billion in August.
"Exports of goods for September were $177.6 billion, $2.8 billion less than August exports," the publication further revealed. "Imports of goods for September were $269.8 billion, $2.2 billion more than August imports."
Market reaction
The US Dollar Index recovered slightly from multi-week lows it touched earlier in the day and was last seen losing 0.45% on the day at 110.38.